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Technical analysis
Technical analysis is a method of predicting price movements and future market trends by studying charts of past market action. Technical analysis is concerned with what has actually happened in the market, rather than what should happen and takes into account the price of instruments and the volume of trading, and creates charts from that data to use as the primary tool. One major advantage of technical analysis is that experienced analysts can follow many markets and market instruments simultaneously.
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USD/TRY is trading above 6.25, the highest level since September 2018 as clashes in Northern Syria worsen. Turkey reported the death of 33 soldiers in the Syrian province of Idlib, that fell victim to an airstrike.
It asked for urgent consultations in the North Atlantic Council under Article 4, which allows any member to ask for such talks. NATO Secretary-General Jens Stoltenberg will hold a press conference at 10:45 GMT.
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Daily analysis of currency pair is :Usd/try
today currency trend is : sell
Resistance and Supporting level is :
Current price is: 5.8031
1> Resistance Level is :5.8045
2>Resistance Level is : 5.8058
3>Resistance Level is:5.8071
Daily supporting level
1> Supporting Level is : 5.8017
2>Supporting Level is: 5.8005
3>Supporting Level is: 5.7990
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...................................i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
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Usd /Try
Today market trend = buy
Oscillator sales volume
Current price
And
Support points and resistance
market ke oper janey k haq main hain
buy ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga.
Instaforex is the best online job
Best of luck to all members of forax community.
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currency market Forex is a special kind of the world financial market. Trader’s purpose on the Forex to get profit as the result of foreign currencies purchase and sale. The exchange rates of all currencies being in the market turnover are permanently changing under the action of the demand and supply alteration. The latter is a strong subject to the influence of any important for the human society event in the sphere of economy, politics and nature. Consequently current prices of foreign currencies evaluated for instance in the US dollars fluctuate towards its higher and lower meanings. Using these fluctuations in accordance with a known principle “buy cheaper – sell higher” traders obtain gains. Forex is different in compare to all other sectors of the world financial system thanks to his heightened sensibility to a large and continuously changing number of factors, accessibility to all individual and corporative traders, exclusively high trade turnover which creates an ensured liquidity of traded currencies and the round - the clock business hours which enable traders to deal after normal hours or during national holidays in their country finding markets abroad open.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
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Trading is best for everyone who wants to earn money for their own business. Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading. So trader can trade according the market situation and earn a good profit.
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Despite a clear escalation of tensions it is encouraging that President Erdogan and President Putin discussed the latest developments in Syria that was ‘devoted to the need to do everything to fulfil the original agreements on the Idlib de-escalation zone,’ Russia’s Foreign Minister Lavrov said.”
“USD/TRY has reached another crucial technical juncture in the form of a resistance area around the 6.25 level. State banks may defend it by selling USDs, but as long as global markets are in a panic mode and geopolitical risk remains elevated, they may not be able to prevent a break higher in USD/TRY.”
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usd.try
Resistance UP ^
pivot point # 5.77
1#Resistance 5.87
2# Resistance 5.93
3# Resistance 5.98
Support DOWN V
1# Support 5.60
2# Support 5.50
3# Support 5.43